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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Petards Group Plc | LSE:PEG | London | Ordinary Share | GB00B4YL8F73 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 7.50 | 7.00 | 8.00 | 7.50 | 7.50 | 7.50 | 25 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Security Systems Service | 9.42M | -1.05M | -0.0173 | -4.34 | 4.55M |
TIDMPEG RNS Number : 1688R Petards Group PLC 27 April 2009 Petards Group plc ("Petards" or "the Company") Contract awards Petards, the AIM quoted developer of advanced security and surveillance systems, announces that it has been awarded two major contracts to supply and install Petards new generation of eyeTrain on-board digital CCTV systems on locomotives and passenger vehicles. The first from a UK train operating company, which is worth in excess of GBP3m, is for the supply and installation of eyeTrain systems to over 390 passenger vehicles and includes forward facing cameras on two classes of locomotives. Deliveries are expected to commence in the second half of 2009 and to be completed by the end of 2010. The second contract placed by Hyundai Rotem of Korea, is for the supply of eyeTrain systems for 90 new Matangi EMU cars that they are supplying to Greater Wellington Railways. Forward facing cameras will also be fitted to these cars. The contract value is GBP0.8m and deliveries are expected to commence in the second half of 2009 and to be completed by the middle of 2010. Commenting on the awards, Petards Chief Executive Bill Conn said "These contracts have been secured from important players in both the UK and worldwide transport sectors and we are delighted to have the opportunity to work with both of them. These are significant contracts for us and their award demonstrates the strong position that Petards holds within the rail industry and that customers value both the flexibility and rail-proven nature of our eyeTrain product." For further information: +------------------------------------+------------------------------------+ | Petards Group plc | www.petards.com | +------------------------------------+------------------------------------+ | Bill Conn, Chief Executive | Tel: 0191 420 3000 | +------------------------------------+------------------------------------+ | | | +------------------------------------+------------------------------------+ | Collins Stewart Europe Limited | | +------------------------------------+------------------------------------+ | Stewart Wallace | Tel: 020 7523 8350 | +------------------------------------+------------------------------------+ | | | +------------------------------------+------------------------------------+ | Walbrook PR Limited | Tel: 020 7933 8787 | +------------------------------------+------------------------------------+ | Paul McManus | Mob: 07980 541 893 | +------------------------------------+------------------------------------+ | | paul.mcmanus@walbrookpr.com | +------------------------------------+------------------------------------+ Editor's Notes: About Petards Petards has been providing on-board CCTV systems to the rail industry for nearly ten years. Its latest generation of on-board CCTV system, eyeTrain was launched at InnoTrans 2008, is rail-proven and fully digital, with superb image quality and terabyte storage capacity. It captures video from the seating and doorway areas of passenger vehicles to clearly identify any offenders. eyeTrain also links to other train sub-systems that can include automatic passenger counting, alarms, entertainment, public address and information systems. Forward facing cameras can be added to capture the view from the driver's window - a vital piece of evidence for investigations into trackside incidents. This information is provided by RNS The company news service from the London Stock Exchange END CNTCKQKBABKDQQB
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